Vietcombank ho chi minh city branch

Senior Lieutenant General Tran Don speaking at the working session  After inspecting the structure of President Ho Chi Minh's Mausoleum and being briefed by the command's leaders on their task performance, General Don highly applauded the unit's achievements over the past time, especially in preserving President Ho Chi Minh's body and ensuring security for visitors. In addition, he valued works done by the unit's chain of command and party committee, notably building a strong unit in terms of politics, ideology and organization, and upholding the observation of regulations and discipline among their troops. General Don urged them to continue bringing into play their achievements, building a strong party organization and a comprehensively strong unit, enhancing ideological education for their troops to follow President Ho Chi Minh's morals, contributing to fulfilling their assigned missions in any circumstances. Translated by Huu Duc … [Read more...] about MND’s leader visits President Ho Chi Minh Mausoleum’s Guard Command

Cargo being handled at Cat Lai Port in HCM City’s District 2 (Photo: VNA) HCM City (VNS/VNA) - Ho Chi Minh City should draft a master plan to develop its logistics sector, said Pham Thanh Kien, Director of the municipal Department of Trade and Industry. Speaking at a conference held to discuss the development of the industry from now through 2025 recently, he said the city should learn from experiences in other countries and to develop the industry into one of its major sectors. HCM City should be developed into a logistics hub for the region, and the cost of logistics in Vietnam should be reduced to 16 percent of the country’s GDP (gross domestic product) by 2025, he said. Ho Thi Thu Hoa, Head of the Vietnam Logistics Research and Development Institute (VLI), said researchers for a project to develop the city’s logistics industry have carried out fact-finding tours of eight locations where the city’s logistics centres would come up. They include the Dong … [Read more...] about HCM City to build eight new logistic centres

Resolution No 10/2017 of the municipal People’s Council, which seeks to encourage investment to transform the farm sector into a modern, efficient and sustainable one in 2017-20, provides for the subsidy. The loan amount entitled to the support will be based on the investment scale and the regulations of the lending organisation.  The subsidy will be equal to the average VND12 month deposit interest rate at four State-owned banks - Agribank, BIDV, Vietcombank, Vietinbank - plus 2%. If the lending interest rate is lower than the subsidy rate, the subsidy provided will be equal to the former. The subsidy will cover the following components: basic construction, machinery and equipment for agricultural production and processing, harvesting birds’ nest, buying new fishing vessels and upgrading machine capacity, replacing existing unproductive dairy cows, and seed and hi-tech agricultural production. The term of support will depend on the approved production cycle but not … [Read more...] about HCM City to pay interest for hi-tech farms

Photo: VNA For this year’s event, a total of 300 exhibitors from 12 countries globally are to showcase their products from the supporting industry, cutting-edge industrial technologies, and new production trends from the field across 460 pavilions. Pham Thanh Kien, Director of HCM City’s Department of Industry and Trade, said the exhibition is poised to enjoy the participation of a number of leading brands such as Doosan Infracore, TOPEYE Corporation, Neuromeka, Shinseng Industrial Co., Ltd, HBL Inc., and Chowel Corporation. Both the Vietnam International Machinery Fair 2019 (VIMAF) and the Vietnam Supporting Industry Fair 2019 (VSIF) are scheduled to conclude on December 14, with the events hosting a wide range of activities including trade exchanges and visits to production factories. Upon addressing those in attendance at the opening ceremony, Nguyen Thanh Phong, Chairman of the Ho Chi Minh City People's Committee, emphasised that recent years have … [Read more...] about Series of supporting industry exhibitions gets underway in HCM City

A booth displaying industrial parts at the 2019 Vietnam Supporting Industry Fair, which is being held along with the Vietnam International Machinery Fair in HCM City from December 11 to 14. — VNS Photo The 2019 Vietnam International Machinery Fair and 2019 Vietnam Supporting Industry Fair opened in HCM City on December 11, offering opportunities for companies in the manufacturing and supporting industries to compare notes and explore business opportunities. Pham Thanh Kien, director of the city Department of Industry and Trade, said the two fairs feature 300 exhibitors from 12 countries and territories, including South Korea, Thailand, Japan, Singapore, the US, UK, China, Germany and Viet Nam. Thirty per cent of the 460 booths are displaying supporting industry products produced by Vietnamese companies and metal products and metalworking solutions, 25 per cent are showcasing automation solutions and motion control systems, industrial materials and components, and construction … [Read more...] about International machinery, supporting industry fairs open in HCM City